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Deutsche Bank maintained its buying rating for CoreWeave, with a target price of $150, which means 128% room for growth compared to Wednesday's closing price. Although the stock has plummeted by more than 15%, the bank believes that no fundamental factors at the company level can explain this round of sell-off. Analysts highlighted strong demand for CoreWeave's artificial intelligence infrastructure and partnerships with Nvidia, Dell, Meta, and OpenAI.
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Deutsche Bank maintained its buying rating for CoreWeave, with a target price of $150, which means 128% room for growth compared to Wednesday's closing price. Although the stock has plummeted by more than 15%, the bank believes that no fundamental factors at the company level can explain this round of sell-off. Analysts highlighted strong demand for CoreWeave's artificial intelligence infrastructure and partnerships with Nvidia, Dell, Meta, and OpenAI.
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